Cointelegraph

Bitcoin price analysis sees new short squeeze as open interest nears $25B

Bitcoin's open interest reached five-week highs, with funding rates mirroring the BTC price drop below $60,000. This has led analysts to anticipate a new short squeeze.

Read the full article on Cointelegraph

Opens in a new tab. Cointrackx tracks this click for statistics.

Partner

Sponsored • Award Winner

Finst named Best Crypto Platform 2025

Awarded the IEX Golden Bull for security, costs, and selection.

Free €20,- Bitcoin

Related news

Coinpaper

Marvell Sees $12B Custom AI Chip Business as Google Deal Could Reach $120B

CoinDesk

Gate bets all-in-one money app is crypto’s biggest consumer trend this year and next

Coinpaper

Stock Market Today: S&P 500 and Nasdaq Fall as Treasury Yields Hit 24-Year High